Weekly Reports
LME Nickel Held Low Steady (Jul 13th-Jul 17th)
Seen from the macro economy, Greece debt crisis just past and the affected global metal market had not been recovered from its influence. Also American economy became better and better and Federal Reserve Chairman Janet L. Yellen’s speech on 15 July pushed do... |
Chrome Ore Prices Ceased to Fall and Stabilized(Jul 13th-Jul 17th)
[Ferro-Alloys.com]After the continuous decline of the chrome ores in previous weeks, the current prices of chrome ores remain stable. In the meantime, China’s major stainless steel makers lowered their new tender prices of high-carbon ferrochrome, which makes... |
China’s Domestic HC FeCr Prices Hit the Ten-Years Low(Jul 13th-Jul 17th)
[Ferro-Alloys.com]China’s major stainless steel makers lowered their tender prices of high-carbon ferrochrome in July and the prices broke through the bottom in previous months, which brought the prices back to ten years ago. |
Chinese FeV Price Weakened due to Steel Mill’s Cutting Purchase Price (Jul 13th-Jul 17th)
[Ferro-Alloys.com] Chinese FeV50 was offered at RMB63,000-64,000/mt by acceptance. In mid-month, steel mills made overhaul and cut output, decreasing the demand of FeV. The transaction price went lower to RMB62,500/mt by acceptance. |
FeMo Price Drifted Lower Globally (Jul 13th-Jul 17th)
[Ferro-Alloys.com] In mid-July, Chinese FeMo price dropped to RMB65,000/mt by acceptance. Steel mills cut the tender volume in the slack season, the transaction price drifted lower, such as RMB70,500/mt was confirmed. Overseas moly oxide transacted at USD6.3/l... |
Chinese Cored Wire Market Maintained Steady (Jul13th –Jul17th)
[Ferro-Alloys.com] According to the investigation of www.ferro-alloys.com, core wire market was peaceful last week in China. In Henan province, ex-work price of Ca98%min∮9㎜Ca wire stayed around RMB10,500-10,600/mt (USD1,721-1,737/mt). |
The Price of Magnesium Metal is Stable and Hard to Increase (Jul 13th–Jul 17th )
[ferro-alloys.cn]:As the first half of the year, some domestic manufacturers overhaul, in July and August, it may be reduced in the maintenance vendors, but China market demand will not see fluctuations, so the market will continue to maintain the current bal... |
The Silicon Metal Market is Not Good and the Price Falling (Jul 13th–Jul 17th )
[ferro-alloys.cn]:In the middle of this week on July, silicon metal market is still unstable, the price continued to fall and it hard to rebound. Silicon metal price has almost no difference in north and south in China. By the end of June and beginning of Jul... |
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